As of June 20, XRP is still spinning in a symmetrical triangle, as if it can't decide: to take off or pull back. The price is hovering around $2.18, and traders are holding their breath 😬
🔹 On the daily chart, the triangle is alive and well — since the beginning of June, the price has been stuck between $2.08 and $2.32.
🔹 MACD and RSI on the 30-minute chart are hinting: "the bulls are not sleeping" 🐂
🔹 If we break above $2.32 — we’re off 🚀, if we drop below $2.08 — hold on, bears 🐻
On the 4-hour chart, XRP is breaking into the $2.24 zone, but the 50-EMA and Supertrend are hanging out there, like bouncers at a club: not letting anyone in without a VIP breakthrough 😎 As long as the ADX is below 25, the market is swinging sideways.
Soon we will find out who will emerge victorious from this cryptocurrency dance!